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Northern California Physician “Benefits Overview”
Benefits Overview

Compensation

The Permanente Medical Group is committed to maintaining a market competitive Compensation Plan. The TPMG Physician Compensation and Benefits Committee conduct national and local salary studies each year. Salaries are adjusted each year based on comparison results to ensure TPMG is recruiting and retaining the highest quality physicians in the market.

Components

Base Compensation: Your annual salary (prorated for schedule if not full-time)
   
Incentive Payment: At-risk annual payment for Shareholders
   
Additional Time: Time worked in excess of regular schedule - can be paid as cash, time off, or a combination of the two (determined by Medical Center's Physician-in-Chief)
   
Sustained Performance Awards (SPA): Pay added to base compensation that recognizes sustained fully contributing performance
   
Leadership Pay: Stipend added for leadership positions